Wednesday, June 14, 2006

Home values drop 4% when a sex offender moves nearby

According to a National Bureau of Economic Research working paper titled "There Goes the Neighborhood", your home value drops 4% when a registered sex offender moves within one-tenth of a mile from you.

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About Me

Years building software and marketing teams at Apple, Microsoft, and startups in the US, Japan, and China have given me an awareness of how little I know, but at least I try to write it down before I forget.